The numbers are in for December 2008 sales totalling five residential sales. Here's how they look below.

As you can see, one is a forest service cabin in the Mt. Hood National Forest and one is a foreclosure in Timberline Rim. Considering we had around three weeks of interesting weather, I suspect January sales to be around the same number. Although interest has picked up. Marketing times are extended to around 122 days and three of these sales exceeded 121 days on the market.

Pending sales total six with two additional lease options listed as "pendings" in multiple listings. There are a multitude of people refinancing at this time and I suspect many will pull funds to purchase investor or second homes with rates under 5%.

Stay tuned for more info on today's market from Welches, Brightwood, Rhododendron to Government Camp!